Will Japan, Inc. follow Toshiba’s Strategy Prepping for even stronger yen?

Toshiba and select Japanese currency traders are quietly preparing for an ever-strengthening Yen. Plans include a reasonable expectation that the Yen will plummet below the 70 = $1.00 floor. If this occurs, this will mark a new post-war low on the yen/dollar exchange rate.

 

While we might see this as a strengthening yen ….

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~ by davidfday on October 28, 2010.